President Joe Biden plans to nominate a law professor who has criticized cryptocurrencies and advocated for the government to have a much bigger role in banking to run a top Wall Street regulator.
Saule Omarova, who has said she wants to “end banking as we know it,” will be tapped to run the Office of the Comptroller of the Currency as soon as this week, according to three people familiar with the nomination process who asked not to be named before a White House announcement. The OCC supervises the nation’s biggest lenders including JPMorgan Chase & Co., Bank of ...
